Gratuity2

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Gratuity2

  • Lincoln Gardner

    I know that project ideas are a dime a dozen. They are useful only if someone takes them and executes a plan to make them a reality. The idea I’d like to share with you would require more skill, energy, and time than I alone could devote to it. So I’d like to get your feedback and measure the interest. Here it is.

    Since bitcoins can be paid in fractions (e.g., .0001 BTC) and since payment transactions carry little or no transaction fee, it is feasible to create a micropayment website for digital.
    As you also know, for most of history, artists were supported by patrons, not by property rights in copies of their works. Well, with bitcoin micropayments, nearly everyone can afford to be a patron of the arts, and they can reward the artist according to the value they perceive they got from the work (there are some songs I just cannot do without), and according to their own financial ability.I am convinced that if copyright was less restrictive, artists would benefit in ways that perhaps they cannot now envision.

    The idea is simple. Creators upload digital content to the site. They assign certain hashtags to it and post in one of several categories. Videos, music, photos, datasets for 3d printing, writing, art, advocacy and causes. Any content posted to the site is downloadable if a bitcoin tip of any amount is paid for it. The content can be played/viewed on site for free, but to download and copy, you need to tip the creator at least, say, .00001 BTC.

    Imagine a musician who posts a song in either audio or video or both. The more tips she earns, the higher she gets ranked. The higher he gets ranked, the more tips she receives.

    It’s a relatively frictionless way for a creator to get content to the end user and get paid for it in a way that could work in a filesharing world.

    So the concept is similar to twitter, instagram, tumblr, with hashtags that enable┬ásearching, but it also employs other performance ranking methods like the bitcoin tip data. Content creators are paid through a voluntary payment system. It’s sort of like crowdfunding in that regard.
    All content uploaded is royalty free and can be used for any purpose by anyone who gives a tip of any amount and downloads the content. Maybe you use a creative commons license to make sure nobody else claims it as their intellectual property.

    I really don’t think artists need the governments’ guns pointing at folks who copy their works. I┬áthink people would reward them anyway.

    Say someone uploads a dataset for a 3d printer to the site. Folks can tip him/her in increments that would be too small to pay via paypal, credit cards, etc. The transaction fees are too high. You could tip .0001BTC for a download and pay no transaction fee. Revenue for the site would come from advertising and/or by charging artists a small commission on their monthly or annual gross bitcoin tips. Creators could even assign a portion of their gross bitcoin receipts to be used in advertising on site to get featured ranking, ala Google or Facebook.

    Say you’re in Copenhagen, across the street from a building you’re curious about. Your phone alerts you that the 3d dataset for the building is available on gratuity2. You’re feeling generous so you tip .001BTC for the dataset. Back home, a 3d printer spits out a scaled down copy for your desk.

    Imagine that a kid in Latin America puts together a little music video with his phone. He uploads it to gratuity2.com and it goes viral. A million kids throughout the world tip him .00001 BTC. A small thumb drive he bought at the local market holds a free bitcoin wallet in it. The next time he plugs it into any internet device, bang, he has 1000 BTC in his wallet.

    Say an artist posts an original song and it goes viral. Fans around the world tip her because they love the song. The higher her ranking, the more BTC tips she receives. Now say some advertiser grabs the song and uses it in their commercial for something (let’s say shoes). The terms of the license require only that the creator get credit (Maybe her QR code for her bitcoin wallet is on screen in the corner for a few seconds). More people hear the song in the ads and decide to download it and tip her (confession – I bought a Lady Gaga song because I heard it in a car commercial and liked it).

    There is the potential for a frictionless, direct relationship between artist and fans. And no strong arm copyright police. No centralized power in the hands of a few media companies. Maybe it turns out that copyright law is not needed because it is clear that this system both rewards creators and is an incentive to innovate. I.P. need not be a political issue. If a system like this took off, copyright law could become irrelevant. It’s a pro voluntary payment system.

    That’s the idea in a nutshell. Maybe it would fit somehow within liberty.me. It’s actually pretty close to what liberty.me is already doing. I invite your feedback and any interest in collaborating to make something like this a reality.

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  • Lincoln Gardner

    Somehow, this post got garbled when I copied it from another app where I wrote it. Somehow I lost this part and I can’t re-edit the original post. Anyway,

    The site would measure metrics like total bitcoins received, rate of tip growth, duration of growth, average tip size, trend in terms of tips size, etc. it would report and rank content according to this data.

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    Adem Tumerkan

    I was somewhat thinking the same thing. More of an information website where people can post investing newsletters and writings and such.

    If someone gains a reputation of having good material his demand increases and he emails his newsletter out to whomever purchases it, lets say each newsletter goes for .0005 (if the newsletter provides sufficient it will easily pay for itself)

    I personally own my own holding company but I would gladly start a monthly newsletter and do my best work to gain profits and a reputation. Have a site and fund it through bit-coins purely. Just for fun and help people with their investments.

    I like your idea though. Intriguing.

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    Lincoln Gardner

    Thanks Adam. It started out more as an alternative to the I.P. system, so I was focusing mostly on music. Then along comes Liberty.me. You can obviously post articles here, as well as your bitcoin address. But so far there is no ranking based on bitcoin tip performance, and so far it is not a place to post music and design data (potentially patentable stuff like 3d data sets), yet. Maybe Liberty.me can evolve into a home for that kind of “I.P.” as well as articles. What if it became a great place for aspiring artists to post their work and receive compensation? We could help develop a culture of voluntary contribution to art and invention, by focusing on bitcoin tip performance ranking and just an overall awareness of the benefits to be derived from a culture that voluntarily rewards ideas and allows the ideas to be “free range”.

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